<h3>pafin Inc. participating as a member of the 'Japan Cryptocurrency ETF Study Group,' proposing three reforms, including regulatory changes</h3>&nbsp;pafin Inc. (Co-chairman: Amin Azmoudeh and Gaku Saito, hereinafter “pafin”), which operates web3-related businesses such as "cryptact" and "defitact", announced its participation in the "Japan Cryptocurrency ETF Study Group." This study group is comprised of cryptocurrency exchanges, securities firms, asset management companies, trust banks, as well as legal and tax experts. Along with other members of the study group, pafin has published a proposal titled "Proposals for the Establishment of Cryptocurrency ETFs in Japan."&nbsp;&nbsp;<h4>Background and Purpose of the Proposal</h4>Major cryptocurrencies, including Bitcoin, have demonstrated characteristics as assets conducive to medium and long term wealth creation, based on their market capitalization and performance. In Japan, the ownership of spot cryptocurrencies is becoming more widespread, with an increasing trend towards long-term holding. This suggests that these assets may be considered suitable for inclusion in broader investment portfolios by the public.Meanwhile, abroad, including in the United States, there has been an expansion in the introduction of ETFs (Exchange-Traded Funds) that include cryptocurrencies as investment assets. However, in Japan, the current legal framework does not include cryptocurrencies as specific assets eligible for investment trusts. As a result, it is not possible to establish ETFs that include cryptocurrencies as underlying assets in Japan.This proposal aims to organize the key issues related to the creation of cryptocurrency ETFs in Japan. It also serves as a collective consensus* of the study group members to propose the necessary institutional reforms required to enable the establishment of such ETFs in the domestic market.&nbsp;<h4>Content of the Proposal</h4><ul><li>The institutional frameworks should be developed to enable the establishment of cryptocurrency ETFs.</li><li>Cryptocurrency ETFs and spot cryptocurrency trading should be subject to separate taxation (declaration-based taxation).</li><li>Discussions on the establishment of cryptocurrency ETFs should prioritize major cryptocurrencies.</li></ul>&nbsp;pafin’s Co-CEO Gaku Saito, who has long overseen tax reform proposals for cryptocurrencies as the Chair of the Tax System Review Committee at the Japan Virtual and Crypto Assets Exchange Association (JVCEA), has joined this study group, given the importance of tax-related discussions in the context of creating cryptocurrency ETFs.Going forward, pafin remains committed to contributing to the further development of the cryptocurrency industry, including the promotion of cryptocurrency ETFs and spot cryptocurrency trading.&nbsp;For more details about the proposal, please refer to the following (Japanese only):&nbsp; “<a href="https://pafin-cortex-production.s3.ap-northeast-1.amazonaws.com/ETF_9caa53c7be.pdf">Proposals for the Establishment of Cryptocurrency ETFs in Japan</a>”&nbsp;*This proposal represents the collective consensus of the study group members and does not necessarily reflect the opinions of each individual member or the industry as a whole. &nbsp;Contact for public relations and media/press coverage-related inquiries&nbsp; <a href="pr@pafin.com ">pr@pafin.com&nbsp;</a>

pafin Inc., which operates web3-related businesses such as "cryptact" and "defitact", announced its participation in the "Japan Cryptocurrency ETF Study Group." 

Announcement of Proposals for the Establishment of Cryptocurrency ETFs in Japan

プレスリリース

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「国内における暗号資産ETF等の組成等に向けた提言」を公表

pafin

<h3>Highly Praised for Services and Technological Capabilities that Solve Challenges in the web3 Market</h3>pafin Inc. (Co-chairman: Amin Azmoudeh and Gaku Saito, hereinafter “pafin”), which operates web3-related businesses such as "<a href="https://www.cryptact.com/en">cryptact</a>" and "<a href="https://www.defitact.com/en">defitact</a>", has been awarded the “EY Innovative Startup 2024”. This award is part of a program organized by EY ShinNihon LLC (Headquartered in Chiyoda, Tokyo, Chairman: Masami Katakura), which honors startups from across Japan expected to experience significant growth. The award recognizes companies for their innovative contributions to economic revitalization and the promotion of innovation.&nbsp;&nbsp;<h4>About EY Innovative Startup 2024</h4>The "EY Innovative Startup" award has been held since 2017 with the aim of supporting further growth of outstanding startup companies through proper recognition, thereby promoting innovation that leads to economic revitalization. Companies are selected based on EY's network and knowledge, as well as the opinions of external experts, and are judged on three criteria: innovation, growth potential, and social contribution. This year, 15 companies were selected from nine fields, with pafin receiving the award in the "web3" category. EY Innovative Startup 2024 Special Website is <a href="https://24houritpeople.com/innovative-team/ey2024/archives/startup/107">here</a>. &nbsp;(The site is only in Japanese.)&nbsp;&nbsp;<h4>Reason for the Award&nbsp;</h4>The web3 market, promoted by the Japanese government, faces many challenges due to its emerging nature. In particular, understanding investors' transaction histories and asset management are significant issues. pafin was awarded for its early efforts to address these challenges from an investor's perspective and for its technological capabilities.<figure class="image"><img src="https://pafin-cortex-production.s3.ap-northeast-1.amazonaws.com/journal_1200_630_px_1_238f69013b.jpg" alt="EY受賞2.jpg" srcset="https://pafin-cortex-production.s3.ap-northeast-1.amazonaws.com/thumbnail_journal_1200_630_px_1_238f69013b.jpg 245w,https://pafin-cortex-production.s3.ap-northeast-1.amazonaws.com/small_journal_1200_630_px_1_238f69013b.jpg 500w,https://pafin-cortex-production.s3.ap-northeast-1.amazonaws.com/medium_journal_1200_630_px_1_238f69013b.jpg 750w,https://pafin-cortex-production.s3.ap-northeast-1.amazonaws.com/large_journal_1200_630_px_1_238f69013b.jpg 1000w," sizes="100vw"></figure>&nbsp;<h4>Comments from pafin Co-chairman: Amin Azmoudeh and Gaku Saito</h4>Since its inception in December 2017, pafin has been committed to solving challenges in the web3 space, launching the leading cryptocurrency profit and loss calculation service "<a href="https://www.cryptact.com/en">cryptact</a>" and “web3 Sidekick” service "<a href="https://www.defitact.com/en">defitact</a>" in June 2023, which allow users to aggregate DeFi and NFT transactions on blockchains, and visualize on-chain activity. One of the evaluated points was our "blockchain analysis capability," an area we have focused on since around 2020. As of March 2024, we can analyze over thirty thousand smart contracts, a feat that only a few companies worldwide have achieved, making it a significant intellectual property for our company.We will continue to leverage our accumulated IT technology and analytical capabilities to engage in new businesses essential for the development and revitalization of web3.&nbsp;&nbsp;Contact for public relations and media/press coverage-related inquiries <a href="Contact for public relations and media/press coverage-related inquiries pr@pafin.com ">pr@pafin.com&nbsp;</a>&nbsp;

pafin Inc. , which operates web3-related businesses such as "cryptact" and "defitact," has been awarded the "EY Innovative Startup 2024."

pafin Inc. wins "EY Innovative Startup 2024" in the web3 Sector 

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pafin、web3部門において“EY Innovative Startup 2024”を受賞 

<h3>Leveraging the strengths of both companies to implement a wallet service that serves as infrastructure for web3</h3>pafin Inc. (Co-chairman: Amin Azmoudeh and Gaku Saito, hereinafter “pafin”), which operates the leading cryptocurrency profit and loss calculation service <a href="https://www.cryptact.com/en">cryptact</a>, has announced the collaborationcollaboration of the service with the web3 "scramberry WALLET" developed by NTT Digital Corporation (Representative Kenichi Hamana, hereinafter "NTT Digital").&nbsp;&nbsp;<h4>Overview of the Collaboration</h4>With the release of “scramberry WALLET” by NTT Digital, the collaboration with pafin's automatic cryptocurrency profit and loss calculation service "<a href="https://www.cryptact.com/en">cryptact</a>" has commenced. By providing a link to cryptact in scramberry WALLET, pafin and NTT Digital aim to support wallet users with profit and loss calculations and tax filings.Moving forward, we will continue to strive towards creating an environment where individuals and companies can easily and safely use web3 and blockchain technology.&nbsp;<h4>About scramberry WALLET&nbsp;</h4>scramberry WALLET is a user-friendly digital wallet that focuses on security and safety. Key features include quick registration using only telephone number, easy-to-use operation to ensure many people can enjoy a smooth experience, including those who are using crypto-assets or NFTs for the first time. The wallet is also equipped with features such as private key backup and biometric authentication to provide users with a secure digital experience.&nbsp;&nbsp;<h4>About NTT Digital</h4>Representative director: Kenichi Hamana HP: <a href="https://nttdigital.io/en">https://nttdigital.io/en</a> Ownership: NTT DOCOMO 100% Business activities: Planning and development of products and services utilizing blockchain technology and cryptocurrencies.&nbsp;Contact for public relations and media/press coverage-related inquiries <a href="Contact for public relations and media/press coverage-related inquiries pr@pafin.com ">pr@pafin.com&nbsp;</a>&nbsp;

pafin Inc. has announced the collaborationcollaboration of the service with the web3 "scramberry WALLET" developed by NTT Digital Corporation.

cryptact begins collaboration with NTT Digital's web3 wallet "scramberry WALLET" 

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暗号資産の損益計算サービス「クリプタクト」、NTT Digitalのweb3ウォレット「scramberry WALLET」と連携を開始 

<h3>pafin Inc. also announces the completion of its Series B Funding Round with total funds raised reaching over 1.3 billion Yen&nbsp;</h3>pafin Inc. (Co-chairman: Amin Azmoudeh and Gaku Saito, hereinafter “pafin”), the operator of the automatic crypto profit and loss calculation service "cryptact," has commenced a capital and business alliance contract with bitFlyer Holdings, Inc. (CEO Yuzo Kano, hereafter "bitFlyer Holdings"), the parent company of “bitFlyer”, leading crypto exchange in Japan. Leveraging the strengths of both companies, we will intensify collaboration for the advancement of the cryptocurrency and Web3 markets.Additionally, with this funding, the Series B funding round has been completed, bringing the total amount of funds raised to over 1.3 billion yen. We will continue to contribute to solving the challenges and burdens faced by individuals in the expanding peer-to-peer world.&nbsp;<h4>Future Initiatives of bitFlyer Group and pafin&nbsp;</h4><h4>1 Advancing System Integration to Simplify Tax Filing Procedures</h4>We will promote system integration between "bitFlyer" and "cryptact." Through this integration, investors can enjoy a seamless experience from trading to profit and loss calculation in cryptocurrencies. We aim to enhance the convenience of tax filing and increase awareness among cryptocurrency investors. Furthermore, by displaying the average acquisition cost (book value) for tax purposes calculated by cryptact on bitFlyer's platform, investors can trade while considering tax implications, making it a more strategic trading platform. We will also explore initiatives to simplify the tax filing process for investors.<h4>2 Exploring Joint Research and Development of Financial Products</h4>Both companies' representatives possess extensive investment experience and deep financial knowledge in traditional financial institutions. Leveraging these specialized insights, we will explore joint research and development of new financial products based on cryptocurrencies. We will also consider new services that can only be realized by both companies by utilizing bitFlyer Blockchain's proprietary blockchain "Miyabi."&nbsp;<h4>&nbsp;</h4><h4>《Comment from Yuzo Kano, CEO of bitFlyer Holdings》</h4>I am delighted to announce the capital and business alliance contract with pafin, the leading provider of automatic crypto profit and loss calculation services. I am grateful for the opportunity to collaborate with Amin and Gaku Saito, the co-CEOs of pafin, with whom I worked in the same workplace before they founded the company. We aim to enhance the trading platform for bitFlyer customers by advancing system integration with various pafin services as a result of this alliance.&nbsp;&nbsp;<h4>Overview of Series B Funding Round and Past Funding Achievements &nbsp;</h4>pafin is engaged in Fintech and Web3 businesses, offering services like the automatic crypto profit and loss calculation service "cryptact" and your Web3 sidekick "defitact." With the new funding from the Series B round, we will strengthen our marketing and hiring initiatives. We also plan to expand our services as a Web3 infrastructure platform by promoting the integration of "cryptact" and “defitact.”We recently released a " Start of Year Entry" feature. Those who have been calculating their profits and losses by methods other than cryptact can now easily compute them by entering the beginning-of-year balance for their held coins, quantity, and average acquisition price, without uploading any past transaction history. To celebrate the feature release, we are running an <a href="https://www.cryptact.com/en/news/unlimited-campaign-en">"All features unlocked for new users!" campaign from September 29 to October 18, 2023</a>, allowing new users to use all the features of the paid plan for free for a limited time.Furthermore, with the completion of the Series B funding round, pafin has raised over 1.3 billion yen since its establishment in January 2018.&nbsp;&nbsp;<img src="https://pafin-cortex-production.s3.ap-northeast-1.amazonaws.com/Pafin_serie_B_financing_en_42fb45ddf6.png" alt="Pafin - serie B financing-en.png" srcset="https://pafin-cortex-production.s3.ap-northeast-1.amazonaws.com/thumbnail_Pafin_serie_B_financing_en_42fb45ddf6.png 245w,https://pafin-cortex-production.s3.ap-northeast-1.amazonaws.com/small_Pafin_serie_B_financing_en_42fb45ddf6.png 500w,https://pafin-cortex-production.s3.ap-northeast-1.amazonaws.com/medium_Pafin_serie_B_financing_en_42fb45ddf6.png 750w,https://pafin-cortex-production.s3.ap-northeast-1.amazonaws.com/large_Pafin_serie_B_financing_en_42fb45ddf6.png 1000w," sizes="100vw"><h4>《Comments from pafin Co-chairman: Amin Azmoudeh and Gaku Saito》</h4>Through our partnership with bitFlyer, we aim to deepen the synergy between bitFlyer and cryptact, fostering a more secure trading environment for all cryptocurrency investors. We extend our gratitude to our partners, investors, and above all, our users for their continued support in our fundraising efforts. We will judiciously utilize these resources to drive innovation in cryptocurrency, blockchain, and Web3, as we strive for sustainable growth.&nbsp;&nbsp;<h4>About bitFlyer Holdings</h4>bitFlyer Group operates as a crypto exchange and blockchain business, with the mission of "Making the World Simpler with Blockchain." They operate crypto exchanges in three regions: Japan, the United States, and the European Union. Utilizing our proprietary enterprise blockchain "Miyabi," we are advancing the practical implementation of blockchain technology. Committed to solving social challenges through technology, bitFlyer Group continues to strive to make lives more convenient and enriching worldwide.HP: <a href="https://bitflyer.com/en-jp">https://bitflyer.com/en-jp</a>&nbsp; &nbsp;Contact for public relations and media/press coverage-related inquiries&nbsp; <a href="pr@pafin.com ">pr@pafin.com&nbsp;</a>

bitFlyer Inc. and pafin Inc., have entered into a capital and business alliance agreement. 

pafin Inc. announces a Capital and Business Alliance with bitFlyer Holdings, the Parent Company of "bitFlyer", the leading crypto exchange in Japan

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pafin、国内最大級の暗号資産交換所「bitFlyer」の親会社である株式会社bitFlyer Holdingsと資本業務提携

pafin Inc. (Co-chairman: Amin Azmoudeh and Gaku Saito, hereinafter “pafin”), focused on the development of infrastructure and services related to Web3, has successfully completed a third-party allotment capital increase with DG Daiwa Ventures, Sony Innovation Fund and MZ Web3 fund as underwriters.<h4>Overview of Funding</h4>pafin is an infrastructure FinTech company providing Web3-related solutions, including cryptact and defitact. With the newly raised funds, the company aims to expand the existing cryptact service by strengthening marketing and recruitment efforts. Additionally, pafin plans to broaden its service offerings by promoting the integration of cryptact and defitact as part of the Web3 ecosystem.&nbsp;<h4>Comments from Underwriters</h4>DG Daiwa Ventures Inc. | Representative Director Masahito Okuma "We are honored to lead this investment round in pafin. Since the last round, pafin has successfully navigated the volatile crypto market and expanded its domestic share. We think pafin, with its experienced global team, will establish itself as a top player in the Web3 industry. DGDV will continue to support their efforts using our global investment insights and network."Sony Ventures Corporation | Chief Executive Officer Gen Tsuchikawa "The management team at pafin has developed a leading crypto asset profit and loss tool in the nascent market. We expect their services to become essential infrastructure as Web3 services permeate society."MZ Web3 fund | General Partner Yosuke Shiraishi "We are pleased to invest in pafin. Compliance is crucial in the process of Web3 services becoming social infrastructure. Taxation in crypto trading is a complex and high hurdle for users. We believe pafin's solutions will resolve this issue and accelerate the social adoption of Web3."&nbsp;<h4>Comments from pafin Co-chairman: Amin Azmoudeh and Gaku Saito</h4>“We foresee that peer-to-peer transactions will increasingly encompass not just assets and goods, but also services, information, ideas, experiences, and communities. In a peer-to-peer world, individuals bear greater responsibility, a burden previously shouldered by marketplace organizers. We view Web3 as an evolution of this peer-to-peer concept on the internet. Through cryptact and defitact, we aim to alleviate these burdens and challenges. With the funds raised, we plan to expand our services to become a part of the leading infrastructure of the Web3 era.” &nbsp;Contact for public relations and media/press coverage-related inquiries&nbsp; <a href="pr@pafin.com ">pr@pafin.com&nbsp;</a>

pafin Inc. has successfully completed a third-party allotment capital increase with DG Daiwa Ventures, Sony Innovation Fund and MZ Web3 fund as underwriters.

pafin Inc. Announces a Capital Increase via Allocation of New Shares to DG Daiwa Ventures, Sony Innovation Fund and MZ Web3 fund

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DG Daiwa Ventures、Sony Innovation Fund、MZ Web3 fundを引受先とする第三者割当増資にて資金調達を実施　

Daiwa Securities Group Inc., together with pafin Inc., the operator of the cryptocurrency accounting and profit calculation service cryptact, have agreed to commence discussions towards forming a strategic business partnership aimed at promoting Web3-related businesses. Preceding this strategic alliance, Daiwa Securities Group Inc has decided to underwrite the third-party allocation of newly issued shares carried out by pafin Inc.<img src="https://pafin-cortex-production.s3.ap-northeast-1.amazonaws.com/Daiwa_pafin_image_en_3c7bb4e58a.png" alt="Daiwa_pafin_image_en.png" srcset="https://pafin-cortex-production.s3.ap-northeast-1.amazonaws.com/thumbnail_Daiwa_pafin_image_en_3c7bb4e58a.png 245w,https://pafin-cortex-production.s3.ap-northeast-1.amazonaws.com/small_Daiwa_pafin_image_en_3c7bb4e58a.png 500w,https://pafin-cortex-production.s3.ap-northeast-1.amazonaws.com/medium_Daiwa_pafin_image_en_3c7bb4e58a.png 750w,https://pafin-cortex-production.s3.ap-northeast-1.amazonaws.com/large_Daiwa_pafin_image_en_3c7bb4e58a.png 1000w," sizes="100vw"><h4>Background</h4>Web3, the distributed internet which leverages blockchain technology, is being widely adopted across various industries including finance and is in a period of rapid market growth. In Japan, the government acknowledges it as a vital growth sector, including it in its comprehensive policy guidelines and a 5-year program targeting startup cultivation.Daiwa Securities Group Inc. has been tracking the rapid development of the Web3 sector and recognizes it as a field with the potential for further growth. In contributing to the sound development of the industry, Daiwa Securities Group Inc. has undertaken various initiatives. Its core subsidiary, Daiwa Securities, is the leading (*1) underwriter of security tokens in Japan and has undertaken 22.6 billion Yen in issuance since launching the business in February 2022. Additionally, its group company, Fintertech Co. Ltd., established in 2018, has been providing Japan's first cryptocurrency-backed loans since March 2020.pafin Inc. released <a href="https://www.cryptact.com/en">cryptact</a>, a cryptocurrency accounting and profit calculation service in December 2017. In June 2023, they launched <a href="https://www.defitact.com/en">defitact</a> – labeled “Your Web3 Sidekick” – a service that visualizes on-chain transactions and assets on multiple blockchains. By providing critical infrastructure for Web3, pafin Inc. is working towards providing the backbone for a constructive and sustainable adoption of the technology.Daiwa Securities Group Inc. and pafin Inc. are now poised to integrate their financial and Web3 technical expertise, aiming to forge a strategic business alliance to enhance their respective business operations and stimulate joint development in the Web3 field. Further details of the partnership will be announced at a later date.(*1) As of August 2, 2023. &nbsp;<h4>About Daiwa Securities Group Inc.</h4>Head Office GranTokyo North Tower 9-1, Marunouchi 1-chome, Chiyoda-ku, Tokyo 100-6751, JapanPresident and CEO: Seiji Nakata Commencement of Operations: April 26, 1999 <a href="https://www.daiwa-grp.jp/english/">https://www.daiwa-grp.jp/english/</a> &nbsp;

Daiwa Securities Group together with pafin the operator of the cryptocurrency accounting and profit calculation service cryptact, have agreed to commence

Daiwa Securities Group Inc.'s Announces Investment in pafin Inc. and Commencement of Discussions on a Strategic Partnership for Web3 Related Businesses

株式会社大和証券グループ本社による株式会社pafinへの出資実行および 両社によるWeb3関連ビジネスにおける業務提携の検討開始のお知らせ

pafin Inc. (Co-chairman: Amin Azmoudeh and Gaku Saito, hereinafter “pafin”), a startup focused on the development of infrastructure and services related to Web3, has signed a basic agreement regarding a collaboration for the promotion and acceleration of the proliferation and social adoption of Web3 with both NTT Docomo and NTT Digital.We at pafin are committed to promoting collaboration between the upcoming blockchain wallet developed by NTT Digital and our existing Web3 services. We aim to provide accounting and tax integration through cryptact, the leading automatic profit and loss calculation service for crypto-assets (cryptocurrency), and defitact, our integrated asset management and visualization service for DeFi, NFTs and other on-chain activity.Our vision is to foster the creation of an environment where individuals and companies can easily and securely access and utilize Web3 and blockchain technology. &nbsp;<img src="https://pafin-cortex-production.s3.ap-northeast-1.amazonaws.com/pafin_docomo_PR_image_b553c8e317.png" alt="pafin：docomoPR_image.png" srcset="https://pafin-cortex-production.s3.ap-northeast-1.amazonaws.com/thumbnail_pafin_docomo_PR_image_b553c8e317.png 245w,https://pafin-cortex-production.s3.ap-northeast-1.amazonaws.com/small_pafin_docomo_PR_image_b553c8e317.png 500w,https://pafin-cortex-production.s3.ap-northeast-1.amazonaws.com/medium_pafin_docomo_PR_image_b553c8e317.png 750w,https://pafin-cortex-production.s3.ap-northeast-1.amazonaws.com/large_pafin_docomo_PR_image_b553c8e317.png 1000w," sizes="100vw"><h4>Background of the Collaboration</h4>NTT Digital was established with the global mission of being a Web3 enabler, facilitating the easy and secure utilization of Web3 and blockchain technology for individuals and businesses. This is part of the broader societal implementation of cutting-edge digital technologies, including blockchains (*1). In addition to system development, NTT Digital is actively involved in creating and implementing rules for the generation and adoption of use cases, aiming to contribute to the development and revitalization of the Web3 market.pafin launched cryptact, the leading cryptocurrency profit and loss calculation service, in December 2017. In June 2023, we released defitact a Web3 asset management and visualization service for on-chain activity. Through these services, we are actively contributing to the development of Web3 infrastructure and sustainable operations for the Web3 era (*2).Recognizing the strengths of both companies, we have reached an agreement to collaborate the development and revitalization of Web3 by establishing infrastructure that is essential to the ecosystem.(*1) <a href="https://www.docomo.ne.jp/english/info/media_center/pr/2023/0711_00.html">DOCOMO Accelerates web3 Business through its subsidiary, "NTT Digital"</a> (*2) <a href="https://www.pafin.com/en/news/pr-defitact-en">pafin Inc. officially launches defitact – "Your Web3 Sidekick", a service that visualizes your on-chain DeFi activity and assets, on June 5th</a>&nbsp;&nbsp;<h4>Integration overview</h4>In collaboration with the services provided by pafin, namely cryptact and defitact, the upcoming blockchain wallet service being developed by NTT Digital is expected to offer a comprehensive range of features. In addition to wallet functions such as payments and transfers, the new blockchain wallet service will enable centralized asset management and profit-loss calculations. This integration will provide users with a seamless and consolidated experience, allowing them to perform all these functions within a single service.&nbsp;<h4>About NTT DOCOMO</h4>Representative director: Motoyuki Ii HP: <a href="https://www.docomo.ne.jp/english/">https://www.docomo.ne.jp/english/</a> &nbsp;<h4>About NTT Digital</h4>Representative director: Kenichi Hamana HP: <a href="https://nttdigital.io">https://nttdigital.io</a> Ownership: NTT DOCOMO 100% Business activities: Planning and development of products and services utilizing blockchain technology and cryptocurrencies. &nbsp;Contact for public relations and media/press coverage-related inquiries&nbsp; <a href="pr@pafin.com ">pr@pafin.com&nbsp;</a>

pafin Inc. has signed a basic agreement regarding a collaboration for social adoption of Web3 with both NTT Docomo and NTT Digital.

pafin Inc., NTT Docomo and NTT Digital announce a collaboration for the promotion and acceleration of the proliferation and social adoption of Web3

pafin、NTTドコモ及びNTT Digitalと「Web3の普及および社会実装の加速に向けた連携」について基本合意書を締結

<h3 style="text-align:center;">Integrating OpenAI’s chatGPT to improve efficiency in the complexly evolving Web3 and cryptocurrency industry</h3>pafin Inc. (Co-CEOs Amin Azmoudeh and Gaku Saito, hereinafter "pafin") has developed pafinGPT using OpenAI's ChatGPT and has started using it in services related to cryptocurrencies such as cryptact – the automated profit and loss calculation service for cryptocurrencies – and defitact – “Your Web3 Sidekick”.By utilizing advanced AI technology, we will build a framework to provide users with speedy and accurate information, further enhancing support for the complex and rapidly changing cryptocurrency space.<figure class="image"><img src="https://pafin-cortex-production.s3.ap-northeast-1.amazonaws.com/Pafin_GPT_3_a1171e88e5.png" alt="PafinGPT-3.png" srcset="https://pafin-cortex-production.s3.ap-northeast-1.amazonaws.com/thumbnail_Pafin_GPT_3_a1171e88e5.png 245w,https://pafin-cortex-production.s3.ap-northeast-1.amazonaws.com/small_Pafin_GPT_3_a1171e88e5.png 500w,https://pafin-cortex-production.s3.ap-northeast-1.amazonaws.com/medium_Pafin_GPT_3_a1171e88e5.png 750w,https://pafin-cortex-production.s3.ap-northeast-1.amazonaws.com/large_Pafin_GPT_3_a1171e88e5.png 1000w," sizes="100vw"></figure><h3>Development background of pafinGPT</h3>The AI market is growing rapidly worldwide, with the compound annual growth rate (CAGR) predicted to be 16.8% from 2021 to 2027, reaching 156 billion USD in 2027(*1). One of the main factors driving this growth is the increasing demand for customer support. In recent years, many companies have been striving to improve customer experience and engagement by using conversational AI instead of email or phone calls.Our main service provides profit and loss calculation services for tax purposes, detailed asset management, and transaction activity tracking for Web3 activities that include cryptocurrency-related transactions. However, efficiently grasping this complex Web3 and cryptocurrency industry is a very challenging management issue. In particular for customer support, we are responding daily to various inquiries from customers about numerous Web3 activities. To deal with a variety of cases, an efficient system is essential for the team. In the ever-changing cryptocurrency environment, we will continue to promote business efficiency using OpenAI.(*1) Source: <a href="https://prtimes.jp/main/html/rd/p/000002059.000071640.html">Global Information, Inc. "World Market for Conversational AI"</a>&nbsp;<h3>About pafinGPT</h3>ChatGPT, developed by OpenAI using over 100 million parameters, is an outstanding AI chat that can accurately predict the similarity and implication of relationships between different sentences. We began to utilize this system immediately after the release of ChatGPT in November 2022 and proceeded with the development of pafinGPT with our unique technology and insights. We started to use it as a trial in our engineering tasks from March 2023 and proceeded with its development focusing on training of support agents in the customer support field.With the introduction of pafinGPT, we have been able to provide the latest and accurate information by analyzing the vast amount of data available on the web about cryptocurrencies, which evolve at an accelerating pace, in response to user inquiries. At the same time, by also using it as data science tool, we can aggregate and analyze the content of inquiries. This has allowed us to develop system strategies that meet customer needs speedily and efficiently.In the future, we aim to continue providing optimal operations in various business environments by expanding the use of pafinGPT not only in the construction of a customer support system but also in the collection and analysis of financial information, and discovery of noteworthy news.&nbsp;<h3>Current and Future Use Cases of pafinGPT</h3> ● Customer support: generating optimal responses ●Sorting and categorizing customer requests ●Generating summaries of daily financial newsContact for public relations and media/press coverage-related inquiries pr@pafin.com

pafin Inc. has developed pafinGPT using OpenAI's ChatGPT, and has started using it in services related to cryptocurrencies.

pafin Inc. builds a customer support structure with pafinGPT

ChatGPTを活用した「pafinGPT」を自社開発し、顧客サポート体制を構築

pafin Inc. (Co-chairman: Amin Azmoudeh and Gaku Saito, hereinafter “pafin”), the provider of cryptact, the automatic profit and loss calculation service for crypto-assets (cryptocurrency), will officially launch defitact on June 5th, 2023.<figure class="image"><img src="https://pafin-cortex-production.s3.ap-northeast-1.amazonaws.com/Defitact_open_graph_EN_1_620ab9c1ee.png" alt="Defitact open graph-EN (1).png" srcset="https://pafin-cortex-production.s3.ap-northeast-1.amazonaws.com/thumbnail_Defitact_open_graph_EN_1_620ab9c1ee.png 245w,https://pafin-cortex-production.s3.ap-northeast-1.amazonaws.com/small_Defitact_open_graph_EN_1_620ab9c1ee.png 500w,https://pafin-cortex-production.s3.ap-northeast-1.amazonaws.com/medium_Defitact_open_graph_EN_1_620ab9c1ee.png 750w,https://pafin-cortex-production.s3.ap-northeast-1.amazonaws.com/large_Defitact_open_graph_EN_1_620ab9c1ee.png 1000w," sizes="100vw"></figure>This new service – labeled “Your Web3 Sidekick” – will allow users to aggregate DeFi and NFT transactions on blockchains, and visualize on-chain activity such as lending and staking. In addition, the quantity and market value of crypto-assets held and deployed are summarized. This is the first time that a crypto-asset profit and loss calculation service provider is offering a blockchain asset management service in Japanese (*1).In the future, the Company will work on integrating defitact with the existing cryptact service to provide a comprehensive end-to-end solution from asset management to profit and loss calculations, with the aim to support all activities in the emerging Web3 era.&nbsp;(*1) According to our research using internet search data.<h3> Background: the growth of Web3</h3>In the Web3 ecosystem, we have seen rapid development in several different areas in recent years. One such example is DeFi (Decentralized Finance), a new form of financial interaction that utilizes blockchain technology. There is a growing interest in DeFi, and it is rapidly growing with its market size reaching approximately 100 billion dollars at the end of 2021 (*2). In DeFi, there is no centralized body that manages assets, and individuals are responsible for managing their assets in their own software/hardware wallets as well as other devices. However, as transactions on utilizing DeFi, NFT trading and NFT gaming (GameFi) take place without going through a centralized intermediary (exchange), it has been difficult for individuals to understand in real-time when and how many transactions were made. Understanding the implications towards asset values of those transactions is another challenge.&nbsp;&nbsp;&nbsp; (*2) The Japan Research Institute, Limited “DeFi（分散型金融）の拡大と指摘される金融リスク(the expansion of DeFi and the anticipated financial risks)” <a href="https://www.jri.co.jp/page.jsp?id=102829">https://www.jri.co.jp/page.jsp?id=102829</a>&nbsp;&nbsp;&nbsp; &nbsp;<h3>About defitact – Your Web3 Sidekick</h3>defitact, using the wallet address information that users provide, the service instantly and automatically aggregates transactions on the blockchain and visualizes on-chain activity as well as portfolio data. It allows users to get a real-time understanding of individual transactions deployed on various decentralized applications (smart contracts), as well as the balance and market value of the assets in their wallets. It provides administrative capability that acts like your Web3 sidekick and supports efficient portfolio management.&nbsp;&nbsp;&nbsp; Official website (URL): <a href="https://www.defitact.com/en">https://www.defitact.com/en</a>&nbsp;<h3> Features</h3><ul><li>Completely free</li><li>Japanese/English language support</li><li>All information is retrieved automatically</li><li>Lists the status of each token in user’s wallet, including balance and market value</li><li>Graphical display of the percentage of tokens on each blockchain and the percentage of deployed DeFi assets</li><li>Displays on-chain activity and value of loan operations, liquidity provision, staking and lending on each DeFi platform</li><li>Displays a comprehensive list of all transaction history and asset movements</li><li>Market values are available in three accounting currencies: Japanese Yen, US Dollars and Euros</li><li>Integration with crypto-asset profit and loss calculation service cryptact (Coming soon)</li><li>NFT management capabilities (Coming soon)</li><li>Portfolio management with capabilities to group multiple wallets together (Coming soon)</li></ul><h3> Supported blockchains</h3><ul><li>Ethereum</li><li>BNB Chain</li><li>Polygon</li><li>Arbitrum</li><li>Optimism</li><li>Avalanche</li><li>Fantom</li></ul><h3> Supported DeFi platforms</h3>Uniswap, Sushi, PancakeSwap, Aave, Curve, Convex, Compound, Balancer, Venus, GMX, Beefy, Velodrome, Trader Joe, and many others. We plan to continually introduce support for other blockchains and DeFi platforms in future, with a focus on the services that our users are actively interacting with.The following video explains how to use the service: <iframe width="560" height="315" src="https://www.youtube.com/embed/3GEmHJ83-lI" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen=""></iframe>&nbsp;<h3> pafin’s service offerings</h3>Crypto-asset profit and loss calculation service cryptact&nbsp;&nbsp;&nbsp; <a href="https://www.cryptact.com/en">https://www.cryptact.com/en</a>&nbsp;&nbsp;&nbsp; One of the largest crypto-asset profit and loss calculation platforms in Japan with over 100,000 domestic users. It provides automatic profit and loss calculations for crypto-assets and asset management services to support tax return filing needs.Financial information platform fintact&nbsp;&nbsp;&nbsp; <a href="https://en.fintact.io/">https://en.fintact.io/</a>&nbsp;&nbsp;&nbsp; Financial information platform to support investment decisions. It provides unique content on finance, economics and investment for individual investors. It includes Ideabook – a portfolio simulation and an investment SNS tool – and open 1on1 – an IR service for corporations to attract individual investors.&nbsp;Contact for public relations and media/press coverage-related inquiries&nbsp; <a href="mailto:pr@pafin.com">pr@pafin.com</a>&nbsp; &nbsp;

defitact aggregates transactions on blockchains such as DeFi and NFTs, visualizes on-chain activity such as lending and staking, and displays the net worth of asset.

ニュース

pafinからの最新ニュース

「国内における暗号資産ETF等の組成等に向けた提言」を公表

pafin、web3部門において“EY Innovative Startup 2024”を受賞

暗号資産の損益計算サービス「クリプタクト」、NTT Digitalのweb3ウォレット「scramberry WALLET」と連携を開始

pafin、国内最大級の暗号資産交換所「bitFlyer」の親会社である株式会社bitFlyer Holdingsと資本業務提携

DG Daiwa Ventures、Sony Innovation Fund、MZ Web3 fundを引受先とする第三者割当増資にて資金調達を実施

株式会社大和証券グループ本社による株式会社pafinへの出資実行および両社によるWeb3関連ビジネスにおける業務提携の検討開始のお知らせ

pafin、NTTドコモ及びNTT Digitalと「Web3の普及および社会実装の加速に向けた連携」について基本合意書を締結

ChatGPTを活用した「pafinGPT」を自社開発し、顧客サポート体制を構築

DeFiなどブロックチェーンの取引を可視化する Web3の家計簿「defitact」を新たにリリース

ウクライナのITおよびビジネスプロセスアウトソーシング企業「Mobilunity-BPO」と Web3で協業

ニュース

pafinからの最新ニュース

「国内における暗号資産ETF等の組成等に向けた提言」を公表

pafin、web3部門において“EY Innovative Startup 2024”を受賞

暗号資産の損益計算サービス「クリプタクト」、NTT Digitalのweb3ウォレット「scramberry WALLET」と連携を開始

pafin、国内最大級の暗号資産交換所「bitFlyer」の親会社である株式会社bitFlyer Holdingsと資本業務提携

DG Daiwa Ventures、Sony Innovation Fund、MZ Web3 fundを引受先とする第三者割当増資にて資金調達を実施

株式会社大和証券グループ本社による株式会社pafinへの出資実行および 両社によるWeb3関連ビジネスにおける業務提携の検討開始のお知らせ

pafin、NTTドコモ及びNTT Digitalと「Web3の普及および社会実装の加速に向けた連携」について基本合意書を締結

ChatGPTを活用した「pafinGPT」を自社開発し、顧客サポート体制を構築

DeFiなどブロックチェーンの取引を可視化する Web3の家計簿「defitact」を新たにリリース

ウクライナのITおよびビジネスプロセスアウトソーシング企業 「Mobilunity-BPO」と Web3で協業

DG Daiwa Ventures、Sony Innovation Fund、MZ Web3 fundを引受先とする第三者割当増資にて資金調達を実施　

株式会社大和証券グループ本社による株式会社pafinへの出資実行および両社によるWeb3関連ビジネスにおける業務提携の検討開始のお知らせ

ウクライナのITおよびビジネスプロセスアウトソーシング企業「Mobilunity-BPO」と Web3で協業